Alcentra calls time on 10-year-old European CLO

By James Harvey

Friday, September 26, 2014

Jubilee III, which closed in January 2004, is set to be redeemed according to an investor notice

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TAGS: Alcentra

View details on CLO-i: Jubilee III

Comment by: Anonymous. Posted 9 years ago [2014-09-28 01:49:31]

So the total equity IRR will be very close to zero, then (EUR 35 mm paid to EUR 34.6 mm par). An interesting wrinkle of IRR is that it is misleading when close to zero or negative.

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